Ireland Takes Action: Meta Fined €91M Over Plaintext User Passwords
Friday, 27 September 2024, 12:07
Serious Data Security Violations
In an alarming development, Ireland's regulators have handed Meta a hefty €91 million fine for failing to adequately protect plaintext user passwords. This incident underscores a broader pattern of concern regarding the security measures employed by major tech firms.
Regulatory Scrutiny Intensifies
- Meta's previous fine of €405 million raised eyebrows.
- This latest penalty comes amidst an increased focus on user privacy.
- The tech giant's practices are now under close examination.
Implications for the Tech Industry
Strengthening compliance and operational security has become an inevitable trend across the tech landscape. Failing to protect user data can lead to substantial financial repercussions, and serve to reinforce regulatory standards in the industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.